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The Balance of Payments in a Monetary Economy
By (Author) John F. Kyle
Princeton University Press
Princeton University Press
28th June 2016
United States
Tertiary Education
Non Fiction
Monetary economics
382.17
Hardback
210
Width 152mm, Height 235mm
454g
How can relative price and income approaches be reconciled with balance of payments analysis John F. Kyle argues that a model is required which explicity includes a production sector and a complete monetary sectory. The author demonstrates the inadequacy of the traditional method of extending macroeconomic models to deal with trade problems and p